* Baden-Wurtemberg - Daimler expects to fight chinese rivals for Iran truck market
-- Daimler AG, seeking to regain its position as one of the leading truck makers in Iran after a six-year absence, is bracing for a fight in the reopened market with now-entrenched Chinese rivals... The German automaker has moved fast to re-establish ties with Iran, signing preliminary agreements last month with Iran Khodro Co., the country’s biggest auto producer... Daimler, the world’s largest truck maker, sees demand in the market eventually on par with Turkey at about 40,000 trucks a year. Before dropping business in Iran in 2010 amid international sanctions against the country’s nuclear-research program, Daimler had sold as many as 10,000 vehicles there a year. Daimler is looking to Iran and other countries to help offset struggles in its more established markets... Even amid these tough markets, the executive reaffirmed that the unit is sticking to its target to keep sales and profit steady this year...
(Photo: Mercedes Benz iconus truck model 1114, on roads in Iran) -- Stuttgart, BG, Germany - Bloomberg/Transport Topics, by Christoph Rauwald - 22 Feb 2016Labels: truckmakers news Germany
![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
0 Comments:
Post a Comment
<< Home